Analysis of Port Concession Draft Law in El Salvador

©image: Clara Panigazzi

Lincoln Flor Rojas, manager of the Oversight Agency for Investment in Transport Infrastructure and Public Use in Peru informed Laprensagrafica.com: "The state must find an international operator that offers quality and effectiveness in the management of the service, instead of focusing on the amount of investment that it can bring immediately. What I find dangerous are the renegotiations that are almost immediate in committed reinvestment. It should be regulated more by the level of quality than the amount invested."

Source: laprensagrafica.com

More on this topic

Little Investment for Salvadoran Ports and Airports

April 2009

CEPA finances will only allow them to invest $21.8 million that is considered critical to maintaining operations in 2009.

The Executive Autonomous Port Commission (CEPA) of El Salvador has committed its finances to the payment of the loan from the Japanese JBIC Bank for the construction of La Unión Port, leaving few resources for other investments.

El Salvador: "Now is not the time to talk about the port"

November 2008

For vice president Ana Vilma de Escobar, it will be difficult to consider the port concession again due to the political situation.

"I think we are at the point where recognize that international operators are willing to do business with the country, however we are in the middle of an electoral season and this makes its harder to discuss the project," Escobar said.

APM Terminals Expresses Interest in Salvadoran Ports

September 2010

The combined concession of the La Unión and Acajutla ports is said to interest the Dutch company.

"El Salvador is not a very big country, these ports are not very big either. As such I think it makes sense for them to managed under one administration in order to make them more efficient," APM Terminals' Latin America manager, Henrik Pedersen, told BNamericas.

El Salvador: Port concession to be approved during second quarter

January 2009

Mauricio Tobar, spokesperson for the port authority (CEPA), reported that the approval of the law for the privatization of the ports will be postponed until the second quarter.

According to Business News Americas "we are already immersed in the pre-electoral period, mayoral and Congressional elections will be held on January 18.